Section 30 Holding of land.F1C1
A registered society may, unless its registered rules direct otherwise, acquire and hold in its own name any land and may dispose of any such land; and—
no purchaser, assignee, mortgagee or tenant shall be bound to inquire as to the authority for any such dealing with the land by the society; and
the receipt of the society shall be a discharge for all moneys arising from or in connection with any such dealing.
Annotations
Textual amendments
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Modifications
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S. 30 excluded by S.I. 1992/1725 (N.I. 15), art. 13A(1) (as substituted (29.8.2020) by Housing (Amendment) Act (Northern Ireland) 2020 (c. 5), ss. 1(1), 10(2))
Notes on the whole Act
Textual amendments
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Act: "The Industrial and Provident Societies (N.I.) Act 1969 may be cited as The Co-operative and Community Benefit Societies Act (N.I.) 1969" (6.4.2018) by virtue of Credit Unions and Co-operative and Community Benefit Societies Act (NorthernIreland) 2016 (c. 16), ss. 8(2), 17(2) (with Sch. 2 paras. 2, 3); S.R. 2017/217, art. 2(b)
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